Drop in Russian oil supply likely to trigger global recession: BofA - Markets Insider

Oil could surge to $150 a barrel if Russian exports drop sharply, BofA said. That's well above the current $110 level causing pain at the gas pump.

Any further drop in Russian oil supply is likely to lead to a global recession and could even trigger a full-blown energy crisis that pushes prices past $150 a barrel, strategists at Bank of Americ… [+2284 chars]

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